MMJ Business Daily

British Columbia towns, retailers prepping for recreational marijuana launch

British Columbia won’t unveil its marijuana retail model until February, but that isn’t stopping municipalities from developing licensing policies in their jurisdictions, according to Business in Vancouver. Vancouver is already home to more than 120 me…

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FAQ: What business owners need to know about California’s new marijuana regulations

By John Schroyer The latest version of the California state marijuana market regulations were released earlier this month, and there’s a mountain of particulars for cannabis entrepreneurs to wade through. The California market – already the…

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Poll: Most New York voters support recreational cannabis

A majority of voters in New York are in favor of legalizing recreational marijuana, according to a new poll. Emerson College’s survey shows that 62% of voters support legal cannabis use for anyone 21 and older, while only 28% oppose it, the Daily…

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Economist: Canada’s illicit marijuana market worth CA$22 billion

Canada’s recreational cannabis black market already enjoys annual operating revenue of around 22 billion Canadian dollars ($17 billion) when exports are accounted for, according to Capital Economics senior economist David Madani. Canada has about 4.2 m…

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New Jersey’s governor-elect taps cannabis advocate as chief of staff

The momentum to legalize recreational cannabis in New Jersey continues to grow. Adding fuel to speculation that New Jersey could be the next state to legalize recreational marijuana, incoming governor Phil Murphy has selected Pete Cammarano as his chie…

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Canada’s marijuana legalization bill clears major hurdle, heads to Senate

Canada’s House of Commons has approved the third reading of the bill to legalize cannabis, sending the legislation to the Senate for further study. The bill passed 200-82. The government compromised on key parts of the legislation, ditching a rul…

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Indiana gives retailers 60 days to take CBD off shelves

Indiana Gov. Eric Holcomb has given retailers 60 days to take CBD products off shelves, but he also said state lawmakers could craft a new law allowing its sale. The governor’s mixed messages come as the Hoosier State tries to make sense of confl…

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Marijuana an alternative to opioids for pain patients, college study shows

University of New Mexico researchers say the legal availability of medical marijuana has the potential to reduce opioid use among chronic pain patients. The work of associate psychology professor Jacob Miguel Vigil and assistant economics professor Sar…

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Denver credit union continues marijuana banking crusade with new lawsuit, strategy

A Denver credit union – once on the cusp of revolutionizing banking for marijuana businesses before being thwarted by the Federal Reserve Bank of Kansas City – has resumed its quest to open. But going into the new year, The Fourth Corner Cr…

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Aurora Cannabis goes on ambitious buying spree

Cash-rich Aurora Cannabis is steamrolling ahead with its aggressive domestic and international expansion plans, snapping up a leading international greenhouse design company and a late-stage marijuana production applicant in Quebec. Those deals came da…

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